OfferpadReviews of offerpad.com

Working with a Real Estate company for investors, Offerpad came with a competitive offer, however waited till the 9th day in 10 day due diligence to provide lowball offer. We lost time and started prepping for the move, as they saw a video with extreme detail of the home. They made factually incorrect statements on how we keep the home. After talking with others that have used Offerpad, this is status quo for them provide high offer, then wait till last minute for pressure and give you a $50,000 dollar less offer. When you sign an agreement have a provision to be able to back out after inspection, since they put a hidden clause in the contract that you pay them 1% of the contract price.

Used to be good company to deal with but not anymore. They agreed to fix 3 items, refused to send proof they were fixed or receipts. Had reinspection and they hadn't fixed any of them. Stated that it would take 10-days so wanted to extend closing however interest rate lock would expire. Wouldn't give compensation and stated once closed they wouldn't do any work on the home. I've heard they are doing this a lot in AZ. Then after closing they provided the wrong code for the lock box to get the key. Horrible customer service and bad business practice.

Company is absolutely horrible. They do not offer fair prices, and hey are demanding, and don't do enough work for you. For that I could have hired a realtor and at least worked out with someone personally. They nickel and dime you for thousands so it's important to be assertive. Best proactive would be to not use them and put them out of business. Go with a realtor,offerpad doesn't offer this easy worry dree process.

Stay away. After dangling an offer with no specifics through email and text, the guy shows up late for the call to go over the offer, then throws a severe lowball, then tells me there is a 6% "service fee" for a cash offer on top of the lowball. Again, don't waste your time with these people unless you are desperate.

They made us an offer on our house on a Friday, after reviewing photos of the house. All weekend, they pressured us to sign, waived the 1% cancellation fee, offered to answer any questions etc etc. The next Tuesday, spoke to their rep to answer a few questions we had and we signed the purchase agreement minutes after our call with their rep. One hour later, they call us back saying they wouldn't be continuing further. Their reason, the market conditions had changed. They'd be happy to provide us with an adjusted offer. No thanks. Selling a home and moving is stressful enough, I don't care to deal with shady entities. Looking through the reviews, they did exactly to us what they've done to others. Lesson learned, sticking with traditional real estate agents.

Laughable quote to buy my house, well under value.

While this process may work for many people, for us it was very disappointing. The initial contact was pleasant and timely. The video tour went well. Our home had been substantially upgraded and we presented all that information during the appraisal and video tour. Unfortunately, it seemed as though none of that information was considered in the offer. We declined the offer and put the house on the market. It sold it in 5 days for $85000 more than their offer. For our situation, the offer was substantially below market.

Better communication is a MUST! As one other reviewer noted - they (Offerpad) don't tell you that they don't offer their service for homes over $500K or with acreage. We wasted 2-3 weeks for the lead realtor for our home - who never told us that. I only found this out by checking the reviews after we had expressed an interest and the realtor didn't leave a time or return my messages. I'll never use them or refer them. They may be fine for homes under $300-500 K but beware. There was also no excuse for them not to tell us up-front and waste our time.